Under capitalism, capital and labor flow to where they can obtain the greatest return. Unlike with socialism or bureaucracy, there can be no separation between production and distribution.
David Osterfeld
Dr. Osterfeld was assistant professor of political science at Saint Joseph's College, Rensselaer, Indiana.
Latest work
Those who deny that the provision of protection services could be supplied through either the market or some other nonmonopolistic device must therefore endorse some sort of state. And those within...
In his "A Groundwork for Rights: Man's Natural End," Douglas Rasmussen takes issue with a paper I presented at the Fifth Annual Libertarian Scholar's Conference in which I was concerned with the...